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Some do, Apple is notable for this. If Uber’s done one I missed it. FTX burns FTT when they have a good quarter, with roughly the same zero accountability to d
by benreesman 5y ago
Some do, Apple is notable for this. If Uber’s done one I missed it.
FTX burns FTT when they have a good quarter, with roughly the same zero accountability to do so as a FAANG with a God Emperor CEO running a dual-class share structure.
Neither of these things are backed by guys with guns who come to your house if you fail to pay taxes in them.
- Aunche 5y agoA failing business is still a business. 60% of new restaurants fail within a year, but nobody would argue that these restaurants have no intrinsic value. Likewise, Uber has facilitated billions of rides.